New traders tend to get a lot nervous when starting off in the Forex venture. This nervousness on whether profits will come their way or not, mates up with confusion in terms of choosing the right trading system and instruments. Honestly speaking, they do have every reason to be thus, so many tools, and oscillators flaunt the cyber realm. One way they do come across reliable indicators is via forums or online reviews. And as per some of the top reviews available Forex Assassin is one option which users, as well as experts, opine highly.
Here’s a proper post for those who have heard about it, but hesitate whether it’s trust-worthy in topsy-turvy situations or not.
Insights on Forex Assassin:
This is a trading system which needs only 1 minute per week time investment for procuring high yields. It comes with a built-in system which is driven by price. In fact, one fascinating thing about this system is that it does not make use of any technical indicators.
It consists of its pick and choose a trading zone and allows traders the liberty to set their own trading hours.
Reviews regard this system flaunt as very easy to use, install and customize even. It also comes with a manual which incorporates all important details regarding working with the system properly.
They state that- the only labor users have to take is set the parameters within the system using its intuitive features. And believe it or not, that’s just about it.
It’s the perfect instrument for those who don’t have the time to spend for trading currencies. Forex Assassin system will do all the analytical work on its own and highlight all those crucial trade entry and exit positions.
Some primary characteristics of this system:
• Traders can start using this system by even using a small sum of $100. They can set up their trades during the weekends. It works with any given currency pair, country, and any specific Forex broker.
• Simply extract the price numbers from external sources and input those feeds within the system. It hardly takes around 5 minutes or so.
• With the help of those price details, this system instantly gives you accurate Entry and Exit points, your Stop Loss and Take Profit.
• Most important point of all- this system can carry out 7-12 trades in a single month.
A few of its real-time achievement:
This system has done a fair amount for many traders and as a result
• In 2008, this system led to 75 pips profit upon EUR/USD (March 6).
• Gave traders a sufficing 89 pip gain upon AUD/USD on 2008 Feb 19th.
• And 75 pips of profit for USD/CHF on 2008 Feb 5th.
The best part as per those users is that all of this took place in a matter of 5 minutes.
Backtest it with your MT4 account:
Despite all these perky qualities of Forex Assassin, you still have to run it for back-testing to see its real worth. So sign in to your MT4 account (new traders can use demo) and run it through some real time back-tests. If all goes well and you find it functioning the way it is meant to, then go ahead using it for your trading operations. And if vice-versa, you can always keep checking the Meta Market for some other cool options.
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteForex. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.